The Collapse in Office Properties Could Exacerbate the Banking Crisis
Commercial real estate prices have been sliding since March of last year, with the sharpest losses coming from the office space niche
Commercial real estate prices have been sliding since March of last year, with the sharpest losses coming from the office space niche
The current banking crisis is especially troublesome for the ailing commercial real estate industry because 80% of the loans from this sector are held by community and regional banks.